The owners of Bandimere Speedway have acquired their first parcel of land in the Hudson area of Weld County this week, marking a key step toward establishing a new location for the iconic racing venue.
“While our family hasn’t been operating a schedule of races in Colorado, we have been working to continue the legacy of automobile racing that (was) started by my parents back in 1958,” said Bandimere Speedway chief spiritual officer, John C. Bandimere Jr., in a social media video post.
“Believe me when I tell you, this has not been an easy undertaking, nor has it been a quick process.”
Bandimere Jr. said this highly anticipated transaction is the first piece in a complex puzzle of a planned timeline for anticipated future negotiations for the surrounding property. He previously told The Post that the family was targeting about 1,100 acres, far more than it had in Morrison.
MORRISON, CO - JULY 16: John Bandimere Jr. and wife Lorraine Bandimere are introduced during the driver introductions prior to racing at the Dodge Power Brokers NHRA Mile-High Nationals at Bandimere Speedway in Morrison on Sunday, July 16, 2023. (Photo by Eric Lutzens/The Denver Post)Zoning and annexation of the new land will also be taking place soon, with the timing undetermined.
With ongoing development transforming the Morrison area and the need for more space, the Bandimere family decided to surrender the former speedway’s land at the end of the 2023 racing season in October, concluding 65 years at the site.
Back then, Bandimere Jr. said while the family has cared for the location for generations, ultimately, it was never theirs to keep, as it belongs to a higher power.
The exact address of the new race track in Hudson has yet to be confirmed. Though BizWest reports the Bandimere family was the likely buyer a 114.45-acre tract for $3 million at a site near the northwest corner of Interstate 76 and Colorado 52 near Hudson in unincorporated Weld County.
Bandimere Speedway representatives did verify with The Post that the property is northwest of Interstate 76 and the Hudson exit but did not reveal any more details.
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Bandimere Speedway buyer pays $32M for site near Englewood Bandimere eyes new speedway as Morrison land fetches $50M Bandimere Speedway on track to become vehicle sales hubIn 1958, John Bandimere Sr. purchased land in Jefferson County and started developing a small but functional drag strip to complement the family’s auto parts business, according to their website.
However it was more than just a business move, it was the realization of Bandimere Sr.’s vision to offer young people a safe environment to learn about cars and race them off the streets.
The former Bandimere Speedway property was sold to automobile auction firm Copart last year.
The California-based firm purchased the 150-acre site northwest of C-470 and Morrison Road for $51 million, according to public records.
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